Dallas, TX, Dec. 09, 2022 (GLOBE NEWSWIRE) — Americas Technology Acquisition Corp. (NYSE: ATA, ATA.WS, ATA.U) (“ATA”), introduced at this time that ATA and Rally Communitas Corp (“Rally”) have mutually agreed to terminate the beforehand introduced Agreement and Plan of Merger (as amended, the “Merger Agreement”) between ATA and Rally. 

Termination of the Merger Agreement has been accepted by the Board of Directors of each ATA and Rally. 

About Americas Technology Acquisition Corp.

Americas Technology Acquisition Corp. is a clean test firm organized for the aim of effecting a merger, capital inventory change, asset acquisition, or different related enterprise mixture with a number of companies or entities with an preliminary concentrate on know-how, media, and telecommunications verticals.

About Rally

Rally is a Mass Mobility as a Service firm that has mobilized hundreds of thousands of riders with improvements designed to fulfill the wants of surge demand and center mile journey challenges.

Rally’s premier product is the bus rideshare which aggregates people going to massive occasions, creating bus journeys on-demand. Their algorithms routinely route collectively crowdsourced bus stops to create productive routes. Additionally, Rally’s “OurBus” product disrupts usually scheduled intercity bus journey by using knowledge science to create optimized intercity routes and automating the enterprise of buses.

Cautionary Note Regarding Forward-Looking Statements

This press launch could embrace, and oral statements made occasionally by representatives of the Company could embrace, “forward-looking statements” inside the which means of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements relating to attainable enterprise combos and the financing thereof, and associated issues, in addition to all different statements aside from statements of historic truth included on this press launch are forward-looking statements. When used on this press launch, phrases reminiscent of “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and related expressions, as they relate to us or our administration staff, establish forward-looking statements. Such forward-looking statements are primarily based on the beliefs of administration, in addition to assumptions made by, and data presently out there to, the Company’s administration. Actual outcomes may differ materially from these contemplated by the forward-looking statements on account of sure elements detailed within the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or individuals performing on our behalf are certified of their entirety by this paragraph. Forward-looking statements are topic to quite a few circumstances, a lot of that are past the management of the Company, together with these set forth within the Risk Factors part of the Company’s registration assertion and prospectus for the Company’s preliminary public providing filed with the SEC. The Company undertakes no obligation to replace these statements for revisions or adjustments after the date of this launch, besides as required by legislation.

Contact

Jorge Marcos
Chief Executive Officer
Americas Technology Acquisition Corp.
(214) 396-5927